Parker Drilling's First Quarter 2007 Earnings Release and Conference Call at 10:00 a.m. CDT on May 8, 2007

HOUSTON, April 12 /PRNewswire-FirstCall/ -- Parker Drilling Company (NYSE: PKD) will host a conference call on Tuesday, May 8 at 10:00 a.m. CDT (11:00 a.m. EDT) to discuss first quarter 2007 financial results. Earnings for the quarter will be released that morning prior to the call. Those interested in participating in the call may dial in at (303) 262-2138.

The conference call replay can be accessed from May 8 through May 15 by dialing (800) 405-2236 and using the access code 11088402#. Alternatively, the call can be accessed live through the company's website at http://www.parkerdrilling.com and will be archived on the site for 12 months. Information on earnings will also be available on the company's website.

Parker Drilling is a Houston-based global energy company specializing in offshore drilling services in the Gulf of Mexico and international land and offshore markets. Parker also owns Quail Tools, a provider of premium industry rental tools. Parker Drilling employs approximately 3,000 people worldwide and has 45 marketed rigs.

SOURCE Parker Drilling Company

Released April 12, 2007